HANGINGSTONE EAST (ALBERTA OILSANDS/CONNACHER)



Key Facts
Status: Exploration
Type of Work: In-Situ
Location: Alberta, Canada
                 0 km South of Fort McMurray

Commodities: Oil Sands
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Latest Information
September 30, 2011
Connacher Oil and Gas Limited has sold its undivided 50% interest in its Hangingstone East property, situated south of Fort McMurray, Alberta, Canada, for a cash consideration of Can$26.8 million, before transaction costs.
September 26, 2011
Alberta Oilsands Inc. has entered into an agreement to sell its 50% working interest in land located in the Hangingstone/Halfway Creek area to an arm's length third party for gross proceeds to AOS of $27 million, subject to adjustment,according to the terms of the asset purchase agreement.
August 24, 2010
Alberta Oilsands announced a contingent resource assignment of 79.9 million (net) barrels of bitumen to its Hangingstone East property.

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